Crypto Markets & On-Chain Ecosystem Developments

Gate News message, trader 0x004e has opened short positions totaling approximately $81.6M in BTC and ETH. The current positions include 20,000 ETH valued at $45.69M and 500 BTC valued at $35.93M. The liquidation prices are set at $2,327.03 for ETH and $72,755.85 for BTC.

According to ChainCatcher, a Bitcoin wallet created in 2014 transferred 1,214.42 BTC in the past 24 hours, worth approximately $86 million. The transfer involved 21 transactions of 50 BTC each, consolidating funds from P2PKH addresses to a new P2WPKH address, with some transactions completed in the

According to BlockBeats, Blockstream CEO and early Bitcoin contributor Adam Back stated on August 20 that Bitcoin reaching 1 million dollars will happen faster than people anticipate, with Bitcoin's market value eventually matching that of

According to on-chain detective Specter, 73 BTC worth $4.6 million originated from Whirlpool mixer two weeks ago. The funds were subsequently bridged to Ethereum and deposited through a phishing Tornado Cash interface, with two mixers used throughout the transfer

According to Trump's statement yesterday, the CFTC chair is working to bring Hyperliquid into the United States in a fully compliant and legal fashion. The announcement sparked a market rally, with HYPE surging 23% to $72 and LIT jumping 20%. Bitcoin hit $72.1k, Ethereum climbed to $2,300, and

According to Lookonchain, rapid market gains triggered liquidations across multiple short traders today. Two BTC short positions were cleared—address 0x8c96 liquidated 1,829 BTC ($120 million) and address 0x8eff liquidated 1,343 BTC ($92.56 million). Additionally, pension-usdt.eth's 49,808 ETH short

According to Lookonchain, U.S. Bitcoin spot ETF recorded net inflows of 6,603 BTC today, while Ethereum spot ETF saw net inflows of 78,306 ETH. Over the past seven days, Bitcoin ETF accumulated 11,149 BTC in net inflows and Ethereum ETF added 132,276 ETH.

According to Neutrl, the decentralized yield protocol's services remain paused as the team evaluates available reserves and plans an orderly recovery process. Neutrl stated that its primary objective is to secure the best possible outcome for users and will release additional information once next s

According to Bloomberg, on Aug 20, Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, said it is considering participating in Polymarket's new funding round. ICE has cumulatively invested over $1.6 billion in the prediction market platform. ICE Chief Executive Jeff S

According to Bloomberg, Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, is considering participating in the latest funding round for prediction market platform Polymarket. ICE CEO Jeff Sprecher said the company would remain open to the investment if it helps

Gate News message, USDC accounted for approximately $3.6 trillion of the $5.2 trillion transferred on-chain in July, compared to $1.4 trillion for USDT, despite USDT recording more transactions. The split reflects USDC's stronger position in institutional and payment

Bitcoin.com is integrating USDU into its self-custodial web and mobile wallet, expanding distribution for the U.S. dollar-backed stablecoin registered with the Central Bank of the UAE. The integration provides USDU access to another consumer-facing crypto wallet months after its January launch. USDU

Bitcoin.com is integrating USDU into its self-custodial web and mobile wallet in August, expanding access for the Ethereum-based stablecoin registered with the Central Bank of the UAE. Users will initially be able to hold, send and receive USDU, with swap functionality and buy/sell options